1. if sustains above 32600 / gaps up above 32600,
we may see a short covering in calls and rally is expected till 32900 / 33000
2. if opens flat then very likely to remain range bound 32400 - 32600
3. if opens flat and unable to sustain above 32550
and gives a close below the low of bullish engulf,
may see a downside till 32200 / 32150
USDINR has made a Inv HnS pattern and broken above it, now making a bullish pole & flag continuation.
If flag Breaks up, rally may continue in the channel pattern making more flag n pole continuation patterns.
inv HnS has broken the previous downtrend channel.